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El Salvador to accelerate Bitcoin purchases despite IMF deal – TON BOT

TON BOT

El Salvador to accelerate Bitcoin purchases despite IMF deal

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El Salvador plans to continue increasing its Bitcoin purchases despite a recent deal with the IMF. Bitcoin will remain legal tender alongside the US dollar, with the government adding to its reserves. Efforts are being made to integrate Bitcoin into financial and educational systems, with plans for Bitcoin workbooks in schools and a certification program for civil servants. The country also closed a $1.4 billion financing deal with the IMF, which comes with conditions such as limiting Bitcoin exposure and accepting tax payments only in US dollars. Despite these constraints, El Salvador remains committed to being a leader in crypto adoption.

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